Posts Tagged income

How to Make More Money

When you’re determined to get out of debt, or save for a big purchase, you want to do it as quickly as possible. Today we’re going to look at how you can make more money to hit your goals even faster.

Make More Money

Now, in all honesty, these 5 different suggestions are not going to make you rich, nor are they meant to replace your main form of income. Instead these are strategies that you can use in the short term to help you reach your financial goal.

Both my husband and I have used a couple of these tips to help us earn some extra money. My husband asked around to people he knew and ended up getting an on-call job with the city as a stagehand for our local auditorium. I on the other hand, decided to use my speaking skills and media skills as a teacher to create my own YouTube channel about personal finance and documenting our debt-free journey.

piggy bank with money

So if you’re willing to take some of your extra time and turn it into extra money for your bank account, let’s get started:


  1. Turn your hobby or your skill into extra money: Consider what you enjoy doing and know how to do and see if that is something that you can make some extra money from. For example, if you have a dog, and take that dog for a walk everyday, why not look into becoming a dog walker for other people in your neighborhood too? This is a great, easy way to make a few extra dollars. Crafty? Consider opening up an Etsy shop to sell your goods.dreams don't work unless you do
  2. Do some freelance work online: If you are interested in making extra money, but would like to do it from home, there is a great opportunity to pick up some freelance work. Check out Upwork. Becoming a freelancer allows you to select jobs that suit your interests and set your own workload.
  3. Flip thrift store finds: If you’re willing to spend the time searching through the racks, you may in fact find some sought after name brand labels that you could look at reselling online. You want to do your research to see what certain brand names go for in order to be sure it is worth your while, but this is a great way to supplement your income from the comfort of your own home.
  4. Selling your unwanted items: Do you have any old cell phones or tablets lying around if you’ve upgraded to the latest model? Do you have any DVDs hanging around that you don’t watch anymore? Do you have any home items that you simply don’t need? Selling your unwanted items is a great way to free up some extra money and get rid of some unwanted clutter. 
  5. Ask around: Let your friends and family know that you’re looking to pick up a few extra hours of work. Perhaps this will lead to some casual part time work either in a place of work or by helping others by completing small jobs.


This is certainly not an exhaustive list, but will hopefully spark some inspiration about what you might be able to do if you are looking for ways to increase your income.


Your Turn!

  • What is something that you have done to earn extra money?

Estimating Income

I often listen to the Dave Ramsey podcast where people will call in with their money questions. Most of the time he’ll ask the caller what their estimated income is, and I am amazed (and not in a good way) at the number of people who aren’t sure.

When setting up our monthly family budget, the very first information I enter is our expected income. From that number, I then know how much I have to cover our monthly expenses and how much we can save for the future.


Let’s look at the three things to consider when estimating what your monthly income is going to be.

  1. Hang on to Those Pay Stubs: If you are a salaried employee (like myself), estimating your monthly income is a matter of looking at what you get paid each pay period and multiplying that by the number of pay periods that month. If you don’t have your pay stubs, go online and see what was last deposited into your bank by your employer.
  2.  Estimate your Monthly Average: If you have a variable income (meaning it may not be the same each pay period), you are going to want to find out what has been your average income. Look over your bank statements for the last year and total up your income (you could also look at last year’s tax information to determine your yearly income). You’ll next want to take that total amount and divide by 12 to figure out what your average monthly income would be.

adding up money

If you are in a field that varies greatly depending on the season, take a look at what you made this month last year to help you determine what you might make this month.

3. Don’t Forget All Sources: Your income does not just include money earned through your job. Don’t forget any other source of income you might have. Other sources of income may include, but are not limited to:

  • Government benefits
  • Investment earnings (if you are not reinvesting)
  • Rental income
  • Child support / alimony
  • Even that tax refund you might be expecting.

If you are self-employed, you may also be interested in what it means to estimate your income in a worst case scenario .

Your Turn!

  • How do you approach the budgeting process?


The Average American

A while ago I wrote a post on being “weird” which was a huge hit and you can check it out here.  I was thinking about what it means to be an average American and started researching some of the numbers.  In particular I was thinking about how a typical American would compare to someone who lived in a Tiny House.   Tomorrow I will write a post on what the average Tiny House person is like to compare.